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<br /> ., ������� �� ���� 20¢2T735 �
<br /> � t1 Year TKasur3� Index-Iigte+Ca�) 9�,.� ���� ` r
<br /> TI�IIS tA�1USTABI.B RATE RIDER is n�de this 23RD day of �Y ,
<br /> . 9.996 �nnd is insotpur�tcd inio�sh�sll be deemed to a�ead aIId suppie�ns the Mostgaga.Deed of -
<br />��_ Teust or 3ec�rit}r DeeA<1M°Security Instrvment")of tfie same date given by the uttdetsigued(the°S�rrocvzr')eo
<br /> - sxure t$e Borrawer's AdjussshIe Rete Nate(ths"Na�te�)ca -
<br /> Rae HqoitsDlQ Bailding an2 I�a�n Asecciatioa of Gtan� Island, EE�rasga, A Fedei�2 Saviaqs Bant -
<br /> • (tlac'Leader")of the same date a�d covering tfle pmperty describe�in aFce Sec�uiry Yaswmene and iacated s� -
<br /> 116 B BT�I ST (�RAND ISLAND, IJBSRASRA 68�01-4327 �
<br /> �rro�y�a�s) .
<br /> THE NATE CO!'i'fAiN9 PROVISIONS ALLOiNiHt# FOR CHAl�i�ES M THE INTEEiEST
<br /> � RATE ANfi TtiE M�P�YF7LY PAYMENT. TI�IE IHOTE UM}TS THE A�!(�UY�i'C THE -
<br /> 4 BORROV1�Yt'S INS�EtE�'l RQ'tE CAN CHM[t3E AT A1�5P 6lHE 'f1ME �l1i� T1iE .
<br /> NlAXII�lUM RA4'�THE FlOR130L'UE�tt tl�U3�PAY.
<br />; � ADDI'�IONAI.COYEPiANT3.I�addisioa w the covenants�ud agreemenrs ma�de in the Secuiiity Innrumeat, � _
<br /> Bormw�aaQ Leader fmtl�er�vennnE r�ad a,e�e�s foSiorrs: ,
<br /> • A.II�i1'E�9 R�7eT.�:.�?1bYe.�!���L��'�C��..� � . �-
<br /> ��, . . :. . . ..::.. ... .'.. � ,.� ,:� . ':-' � -
<br /> `.: �te o�� 7..�'�$�� . �,.The H�t� �des fos c7�an�es in �
<br /> �.� .T3�e Kete pmvides for an r���ft��,.: �'
<br /> ?�`'" the int�rest taie aad tI�mor,r�i��fa�,mn�.•�ts.��,av�s�<�`� � ,
<br />-,., . . . .
<br />;�.;.�� � � 4.II�S'� ���'�C-si�N,IG�4�Y PA��J"�:VT P,.L.�11T�S - . ` . . � � � , ^
<br /> �� ':�. . � , � . '
<br /> a�rarfi E��!"�DLfi�9 �" '.. . _ . .
<br /> �r;, '!7�n�i�.���,rx�?.t ray i�y�ngB on the fi�t d�f d��: ..L4S.r�'`3T �,.�,� ; .��i`�31 . .���m�t. .
<br /> -:=:-_`��.� • day eti-�iy 12t�mc�b t�t�tt�r:�aeh date on c�Stish�sy.inser�st iase cauM.�`s�aue is calted a"t�iange IIa2e."
<br /> t�;��G. lBD�Ea�:g � -
<br /> '�.i Beginain8 wItli the fust Ch�ge Date,my in�crest mte wi�l Da basc�id on an Tnd�xu.'i`he'tndr.x"fu ths ere�y
<br /> . , :�i average yield oa United St&tea Tn�sury socuriti�adj�asted to a coastams ma.�ttrety Af 1 year,as made avail�st$Dy
<br /> - , ti�e Pederai Reserve Ba�ncf.T6e most reccn Indeu Bgure ravui�abl°,av of tIl�dato 6�'days bef�are cach Cfiange Dr�e
<br /> ...�:; . is called tfie"Current Inde�.° ' �
<br /> ;.� . If ch;,Ind�A is r.o tcugcr svailabtc, thc t7o•w Ho?�r�ri71 chr.ase a:�r1 in3�r.�laisb is b�!u�on cer.�.�^..St� -
<br /> �. ' . information:The Nut�Ho!der��rilD giva me notice of this etwice. ,
<br /> . (C��ztion 4�Cts�uact� ,
<br /> °� ,` &f�each Change Dute.the Note Ho:,der wiDl catsulxte my�e.w inie by adding "
<br /> Pcio�rcta�e�oir,t�s)f ���� _,. �)to tha C+ar�sat
<br /> . .i Index. T7�c Nate�Io2der w91i t1u�miaad Itce�sulrof this addition to t�e flenm�?rttni�.�i�hth'a*oa°,F2rozut¢ge .
<br />,.+��i, goi�.(O.1?S5b}.3�bject to thc li�r,�siated in Sectia�4(1'�D bekrw,ttais t�ndvl dunt►ui���rill 6a my u�cv��erc.;i
<br /> �t:,.�.;. ' rateuazal the next Change�ute. , ,
<br /> � �� 't�e Note Noldcr�vilE tt�ea 8�trr��thc a�r�ur,g oY t�awauily paym�►t tTu►t.�voNd b�suff cieot.t��a�y the , '
<br /> ;�.�. • unp�irk,princi?al t7�at I aaa expected w owe at tt�Chaage IDuta!n fuli on tha blatu�_*�Date at my aew in:erest r�te
<br />;i}�� ' . en�ui��ndailY equai�aYmenis.The r..sult of ttris ca1�uE3t��aa c,�ill be tha nsar umount of my mnnthlY P��• ,
<br />.��r: .r_.: . .
<br /> �'��; �� (D)�rmtts on inten+est Ra2c Ci�es
<br /> �` � The intecest rate I aaa requized so�ay at 4�tc fi�st Chango�taLe wiU not ue�vaint i�.a 9.250 r .:,. �, . •�
<br /> '�.�� � orlessthan 5.250 . �.�ercafter.�j;sa.tecest ratew3�uoveri�aimca�asednriicr�srx.adon .
<br /> ��`�:�..'�.
<br />`.a;�c���:� any c3r.�i,�Change Date by mar^:idt�tz�evio pEtnaaatage poi�4Z!3�k)Srum cho r�o�of a .�:�fl 6av�e Geen F3Y�3
<br /> pt �at�r �2.2�
<br />'���;;*�`!� foz�ft�groading tweive moc�:�t��(yi'9niereci tate w1iU ne er fie�� tl1� 5.250$. %.
<br /> HY fAtereat rate wi�.l neve� t�e �.o�re .
<br /> �. ,� (E)E�ective Date ot Ciwa�es , . , �
<br /> , � •� My new intecest rate wiU 6ecomc effe,ctivc'a�each Change Date. I aill'��Say the amaunt of my now mornhly
<br /> ;� pQyrr,r.�t b�^,�ncur.g on t�c first mnn4hly payn�ent date t�i¢ee th�G9Sa.�ge Date until ths araauni nf my�sn26ly
<br /> ,''.,_,�� Payment changcs again. . .
<br /> .�t (Fy Dk,tkc of CGanges .
<br /> �. s': � The Note Holder wilt delivea or maIl to s,�_:r:rctce ofr any changes in•niay interest cate and¢he ttrac�t af my
<br /> � moa11�3.�1�p3yment I�efore the e�;r�i�z:date.of a..'�+�tan�.•'�'irc rzouce w;ll ucctude infom�ation requind by!aa tu
<br /> ' be�iq�ai mc and also ttie.tii1��;rn�t telephonc r�u5:�i:r n�'ii;,�:erson �vttn �vill answer any qa�stlon�I.m;ry l�ve ' .
<br /> . regar�.:�the rtouce. , ,• . , . _
<br /> . �. :;. . .
<br /> � MULYIY:7`p4E QOJiJSTABI.B HATE ttDT�ii-A�1d G-2-Singta Fitnqµ�-Fenr�a41b�tFraQd�M�c Unifam�k�'�R��r,� '.
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<br /> . ' . �822A(93051 1IMDMOfRGAGEFON1fS•f80O1511J297 � prtmedonRS,y�aOpapr ',
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